Injective has unveiled its new EVM, showcasing impressive performance metrics that could transform the blockchain landscape.
Features and Performance of the New EVM
The performance metrics of Injective's new EVM are impressive: during testing phases, the platform consistently outperformed leading networks. In mainnet-simulated conditions, the platform achieved 800 TPS for lightweight transactions and 320 TPS for heavy transactions, maintaining consistent one-second block intervals. The system demonstrated throughput capabilities of up to 12,500 TPS, with maximum throughput reaching 20,000 TPS.
AI-Ready Infrastructure
One of the key features of Injective's EVM is its AI-ready capability, opening up possibilities for DeFi AI applications, such as AI-powered portfolio rebalancing and DAO treasury optimization. The EVM also includes support for development tools like Foundry and Hardhat and eliminates inefficiencies in cross-chain interactions.
Impact on INJ Price
The price of INJ has increased by over 11% in the past two days and is attempting to test the resistance level around $19.80. Breaking this level could lead to further price gains.
Injective's latest update represents a significant technological advancement in blockchain technology, offering high performance and AI support, positioning it as a leader in the industry.